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10051 US-431 - 7.5 + acres along U.S. Highway 431 7 Acres of Commercial Land Offered at $474,500 in New Hope, AL 35760
Investment Highlights
- Location Location Location
- 500+- feet of highway frontage zoned B2
- 7 acres along U.S. Highway 431
Executive Summary
7.5+ acres along U.S. Highway 431 in the New Hope, Alabama city limits! The city of New Hope has around 3,000+- people. New Hope is in the Huntsville metro area with a population of around 500,000 people. U.S. Highway 431 is the major corridor that runs north and south in Alabama. There are over 18,000 vehicles per day along this part of Highway 431. This property is over 7 acres with approximately 500 feet of road frontage. The front part of the property is zoned B2 and the back part of the property is zoned R1. This property sits in a nice area along the highway near a bank, restaurant and other commercial property.
Property Facts
| Price | $474,500 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 7.00 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | B2, R1 - The front half of the property is zoned B2 and the remainder is zoned R1 | ||
| Price | $474,500 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 7.00 AC |
| No. Stories | 1 |
| Zoning | B2, R1 - The front half of the property is zoned B2 and the remainder is zoned R1 |
1 Lot Available
Lot
| Price | $474,500 | Lot Size | 7.00 AC |
| Price Per AC | $67,785.71 |
| Price | $474,500 |
| Price Per AC | $67,785.71 |
| Lot Size | 7.00 AC |
7.5 + acres along U.S. Highway 431 in the New Hope, Alabama city limits! Great location near bank, restaurant and existing commercial!
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 22-09-32-0-002-006.000 | Improvements Assessment | $53,340 |
| Land Assessment | $18,640 | Total Assessment | $71,980 |
Property Taxes
Parcel Number
22-09-32-0-002-006.000
Land Assessment
$18,640
Improvements Assessment
$53,340
Total Assessment
$71,980
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LHT Commercial Real Estate
10051 US-431 - 7.5 + acres along U.S. Highway 431
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